Tuesday, May 7, 2013
CARSON CITY, Nev. (AP) — A cameo by actor Nicolas Cage lent some pizazz to a hearing in the Nevada Legislature on a bill proposing tax incentives to entice filmmakers to produce in the Silver State.
The appearance by the "Leaving Las Vegas" star came as lawmakers discussed a proposal that would allow filmmakers to apply for tax credits up to $6 million per production. If approved, the filmmaker could then sell that tax credit to another Nevada business to use as a discount on their taxes.
Critics claim the projected grandiose economic benefit is really a fantasy that will end up costing the state.
The committee took no action.